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Pioneer Insurance partners with Sapiens to drive digital transformation in the Philippines


Pioneer Insurance has chosen Sapiens to enhance its digital transformation efforts in the Philippines. The collaboration will see Pioneer leverage Sapiens Insurance Platform to accelerate digital transformation and enhance customer experience. The partnership marks a significant step for Pioneer as it aims to modernise its operations, scale its capabilities, and embrace digitalisation. By implementing Sapiens’


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BriteCore unveils new vendor integrations to transform P&C insurance operations


BriteCore, a provider of cloud-native core insurance platforms for property and casualty insurers, has expanded its Solution Partner Marketplace. This enhancement introduces five new vendor integrations, marking a significant stride in BriteCore’s ongoing effort to equip insurers with cutting-edge technology solutions and increased flexibility in underwriting accuracy, claims processing, and overall operational efficiency. BriteCore’s core


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NEXT Insurance adopts ZestyAI’s solution for smarter underwriting


ZestyAI has partnered with NEXT Insurance to enhance underwriting with AI-driven property risk insights, providing small business owners with smarter, more tailored coverage. The move will see ZestyAI’s Z-PROPERTY and Z-FIRE models enable NEXT Insurance to streamline its workflows, enhance its decision-making, and offer a fully digital purchasing experience without compromising underwriting quality. This approach


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MENA InsureLab secures backing from TIC to boost InsurTech innovation


MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes from TIC’s $100m fund, which focuses on supporting early-stage technology companies. The firm employs a unique investment model, providing both financial backing and software development services in exchange for equity.


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Clearcover unveils insurance exchange to boost non-standard auto insurance market


Clearcover, a next-generation auto insurer known for its digital-first approach, has launched a reciprocal insurance exchange designed to strengthen its position in the non-standard auto insurance market. The product, known as Clearcover Inter-Insurance Exchange (CIX), aligns with Clearcover’s broader strategy to improve profitability, fuel growth, and enhance accessibility within auto insurance, according to InsurTech Insights. With a


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Simplifai launches Agentic AI to transform insurance automation


Simplifai, a leader in AI-driven automation, has launched Agentic AI designed to optimise critical processes such as claims handling, underwriting, and customer service. The Norwegian firm has debuted the solution in response to the industry’s increasing demands. Insurers are facing growing customer expectations, rising cost pressures, and complex regulatory requirements. To help navigate these challenges,


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Trucordia acquires CADA Insurance Services to expand footprint in Louisiana


Trucordia, a leading insurance provider with a team of 5,000 professionals, has announced the acquisition of CADA Insurance Services’ insurance business, further strengthening its presence in Louisiana. The acquisition is part of Trucordia’s strategy to integrate businesses with strong growth potential in key industries and markets, according to InsurTech Insights. By bringing CADA Insurance under


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Alta Signa expands insurance capacity with Westfield Specialty International partnership


Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland. This partnership introduces an additional €10m capacity, split equally between D&O and FI lines, bolstering Alta Signa’s existing Lloyd’s-backed panel. The


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InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions


The Helper Bees, an InsurTech company focused on enabling older adults to live independently at home, has secured $35m in Series C funding. The investment round was led by Centana Growth Partners, with participation from existing investors including Silverton Partners, Impact Engine, Northwestern Mutual Future Ventures, and Alumni Ventures. The company provides a platform that


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Clean energy FinTech CapeZero secures $2.6m to transform project financing


CapeZero, a software platform aimed at simplifying financial workflows for clean energy developers, has secured $2.6m in a seed funding round. The investment was led by Powerhouse Ventures, with participation from Climactic, Avesta Fund, Virta Ventures, and Stepchange. The funding will enable CapeZero to accelerate the development and expansion of its platform, which aims to


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Uncategorized

Qumis secures $2.2m to transform insurance workflows with AI


Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round. The round was led by Armory Square Ventures, with additional participation from MTech Capital, Grand Ventures, Alumni Ventures, BrokerTech Ventures, Sean Harper, co-founder and CEO of Kin Insurance, and Tom Vander Schaaf, former General